Investors and their advisors frequently are influenced by a variety of factors, ranging from news, rumors, biases, gut instinct, emotions (from exuberance to fear), marketing tactics, compensation models and business models. While any of these influences can lead to investment outperformance, they are just as likely to lead to flat or underperformance as well. Without real fundamental analysis, investing is just a combination of luck and conjecture.
Call it ironic that on the very day Equifax went public with news of its massive data breach, Congress was holding hearings on reducing the regulations imposed on U.S. credit bureaus.
What's next for The Tax Cuts and Jobs Act?